audit committees

Bibliography: Articles Related to For-Profit & Nonprofit Governance

Bibliography: Articles Related to For-Profit & Nonprofit Governance – September, 2013

By

Eugene Fram, Professor Emeritus
Saunders College of Business
Rochester Institute of Technology
frameugene @gmail.com


Remembering it is the beginning of the school year, I have developed the following bibliography for those needing references on corporate governance. It is a list of articles I have published over the last several decades. You can easily access most by listing article title via a Google search. If you have problems accessing any, please send me an e-mail. Several additional articles are scheduled for publication, and I will add to this bibliography as they are published. (more…)

The Nonprofit Overhead Myth – Devil Is In the Details?

The Nonprofit Overhead Myth – Devil Is In the Details?

By: Eugene Fram

Do nonprofits have to consistently report low overhead percentages for administration and marketing to satisfy donors? Do these modest overhead percentages do more long-term damage to the nonprofit’s ability to fulfill it mission than short-term good? * (more…)

Do Today’s Business Leaders Make Effective Nonprofit Directors?

Do Today’s Business Leaders Make Effective Nonprofit Directors?

By: Eugene H. Fram

The names of the new board nominees have been announced. They include several outstanding recruits from the business community. Will these new formidable directors perform well in the nonprofit environment? William G. Bowen, a veteran director in both the for-profit and nonprofit environments, raised the following questions about such beginnings in a 1994 article:*
Is it true that well-regarded representatives of the business world are often surprisingly ineffective as members of nonprofit boards? Do they seem to have checked their analytical skills and their “toughness” at the door? If this is true in some considerable number of cases, what is the explanation? (more…)

Social Media and The Nonprofit Board

Although social media are disruptive technologies, I don’t think many nonprofit boards have given  sufficient thought to what they may mean to their organizations currently, beyond marketing, and in the future.   Following is a link targeted to the business community, which I think should be of interest to nonprofit boards.

bit.ly/RxhETF

Trustee’s Lament: “We are accountable for what’s happened… We are deeply ashamed.”*

Trustee’s Lament: “We are accountable for what’s happened…  We are deeply ashamed.”*

Like the Penn State trustee, who bemoaned the board’s inaction, other nonprofit trustees, directors and managers easily can find themselves in similar situations, if they fail to impartially investigate negative news or even rumors.  In fact, those who serve on small and midsized nonprofit organization’s boards may even be in more perilous situations than larger nonprofits for four reasons.  Small & midsized companies may be affected for some of the same reasons. (more…)